Political contribution tax credit - Prince Edward IslandYou can claim a credit for the contributions you made in the tax year to a recognized political party of Prince Edward Island or to a candidate seeking election to the Prince Edward Island Legislative Assembly
To claim the amount in the program, please follow these steps
1- On the "Left side menu on the Interview tab", select "Prince Edward Island tax credits"
2- On the page to your right, click on the plus "+" icon to the right of the line "PE 428 line 63420 - Prince Edward Island political contributions tax credit"
3- On the new page generated, enter the amount of contributions in the field "Provincial eligible political contributions" and click "Next" at the bottom of the page
The program will calculate the amount for the Prince Edward Island Political Contribution Tax Credit, based on your total contributions, and report it to line 63420 of the PE428 - Prince Edward Island Tax and Credits form.
If your total political contributions are more than $1,150, the credit will be $500 (maximum amount). If not, it will be calculated on line 88 of the PE Provincial worksheet from the left side menu, under the "Tax Return" tab.
For more information on Prince Edward Island tax credits, please visit the following link:
If you are filing electronically, you should keep your receipts in case the CRA asks for them.
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Webpage: KPA335-20191114105358NI.htm